Jennison Associates Portfolio holdings
Jennison Associates, founded in 1969 and headquartered in New York City, is a global investment management firm managing over $194 billion in assets as of late 2024, specializing in active equity and fixed-income strategies. A subsidiary of PGIM, the asset management arm of Prudential Financial, Jennison serves a diverse client base—including institutions, sub-advisory clients, public plans, endowments, and corporations—with a focus on fundamental research, bottom-up portfolio construction, and high-conviction investing. Known for its equity expertise across styles, geographies, and market capitalizations, as well as investment-grade fixed-income offerings, the firm employs seasoned portfolio managers averaging 29 years of industry experience and 16 years with Jennison. With additional offices in Boston and a culture emphasizing intellectual rigor and long-term client outcomes, Jennison has built a reputation for excellence and stability in the investment management industry.
Top Buys
| 1 |
Bristol-Myers Squibb
BMY
|
$766M |
| 2 |
Adobe
ADBE
|
$529M |
| 3 |
Merck
MRK
|
$463M |
| 4 |
Tesla
TSLA
|
$359M |
| 5 |
AGN
Allergan plc
AGN
|
$339M |
Top Sells
| 1 |
UnitedHealth
UNH
|
$714M |
| 2 |
Gilead Sciences
GILD
|
$600M |
| 3 |
Perrigo
PRGO
|
$585M |
| 4 |
EMC
EMC CORPORATION
EMC
|
$448M |
| 5 |
Morgan Stanley
MS
|
$423M |
Sector Composition
| 1 | Healthcare | 17.95% |
| 2 | Consumer Discretionary | 15% |
| 3 | Communication Services | 10.58% |
| 4 | Technology | 9.94% |
| 5 | Financials | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Capri Holdings
CPRI
$2.45B
| $984M | 0.96% |
12,115,718
+861,963
| +8% | +$70M |
|
27
Novo Nordisk
NVO
$251B
| $964M | 0.95% |
5,219,404
-436,487
| -8% | -$80.6M |
|
|
WFM
28
DELISTED
Whole Foods Market Inc
WFM
| $962M | 0.94% |
16,633,830
-3,385,268
| -17% | -$196M |
|
29
Schlumberger
SLB
$53.6B
| $957M | 0.94% |
10,615,386
+2,993,257
| +39% | +$270M |
|
|
RHT
30
DELISTED
Red Hat Inc
RHT
| $943M | 0.92% |
16,821,347
-513,207
| -3% | -$28.8M |
|
31
Illumina
ILMN
$15.5B
| $940M | 0.92% |
8,499,055
-623,290
| -7% | -$68.9M |
|
|
CELG
32
DELISTED
Celgene Corp
CELG
| $931M | 0.91% |
5,507,455
+1,467,339
| +36% | +$248M |
|
33
Canadian Pacific Kansas City
CP
$70.2B
| $917M | 0.9% |
6,056,869
+934,984
| +18% | +$141M |
|
|
ESRX
34
DELISTED
Express Scripts Holding Company
ESRX
| $895M | 0.88% |
12,739,004
-1,141,689
| -8% | -$80.2M |
|
35
EOG Resources
EOG
$68.8B
| $879M | 0.86% |
5,235,472
-297,789
| -5% | -$50M |
|
36
Estee Lauder
EL
$32.7B
| $843M | 0.83% |
11,190,096
-2,088,003
| -16% | -$157M |
|
37
RTX Corp
RTX
$212B
| $841M | 0.83% |
7,391,722
-255,139
| -3% | -$29M |
|
38
Starbucks
SBUX
$102B
| $809M | 0.79% |
10,319,557
-373,286
| -3% | -$29.3M |
|
|
VMW
39
DELISTED
VMware, Inc
VMW
| $806M | 0.79% |
8,989,100
-282,219
| -3% | -$25.3M |
|
|
40
Adobe
ADBE
$147B
| $767M | 0.75% |
12,800,899
+8,831,623
| +222% | +$529M |
|
41
Abbott
ABT
$229B
| $727M | 0.71% |
18,959,761
+1,186,394
| +7% | +$45.5M |
|
|
DISCA
42
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $714M | 0.7% |
7,901,566
+793,531
| +11% | +$71.8M |
|
43
Union Pacific
UNP
$132B
| $705M | 0.69% |
4,197,262
-1,595,736
| -28% | -$268M |
|
44
Netflix
NFLX
$516B
| $673M | 0.66% |
1,828,442
+321,867
| +21% | +$119M |
|
45
BioMarin Pharmaceuticals
BMRN
$11.3B
| $660M | 0.65% |
9,396,076
+519,719
| +6% | +$36.5M |
|
|
DNKN
46
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $616M | 0.6% |
12,786,835
-985,004
| -7% | -$47.5M |
|
|
SPLK
47
DELISTED
Splunk Inc
SPLK
| $608M | 0.6% |
8,859,649
-506,210
| -5% | -$34.8M |
|
|
48
Merck
MRK
$214B
| $607M | 0.6% |
12,129,177
+9,247,364
| +321% | +$463M |
|
|
49
Morgan Stanley
MS
$238B
| $604M | 0.59% |
19,270,418
-13,483,975
| -41% | -$423M |
|
50
American Tower
AMT
$93.9B
| $536M | 0.53% |
6,709,183
+403,220
| +6% | +$32.2M |
|